Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) Short Interest Down 38.1% in December

Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 134,100 shares, a drop of 38.1% from the December 15th total of 216,600 shares. Based on an average daily trading volume, of 247,200 shares, the short-interest ratio is currently 0.5 days.

Tradr 2X Short Innovation Daily ETF Trading Down 1.9 %

Shares of NASDAQ SARK traded down $0.77 during midday trading on Tuesday, reaching $40.81. The company had a trading volume of 245,979 shares, compared to its average volume of 361,581. The business’s 50-day simple moving average is $46.59 and its 200 day simple moving average is $73.32. Tradr 2X Short Innovation Daily ETF has a 1 year low of $35.00 and a 1 year high of $132.54.

Tradr 2X Short Innovation Daily ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $6.5153 dividend. The ex-dividend date was Monday, December 23rd. This is a boost from Tradr 2X Short Innovation Daily ETF’s previous dividend of $3.26.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Tradr 2X Short Innovation Daily ETF stock. Nicholas Hoffman & Company LLC. increased its holdings in shares of Tradr 2X Short Innovation Daily ETF (NASDAQ:SARK) by 33.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,000 shares of the company’s stock after purchasing an additional 5,000 shares during the period. Nicholas Hoffman & Company LLC. owned approximately 0.71% of Tradr 2X Short Innovation Daily ETF worth $521,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Tradr 2X Short Innovation Daily ETF Company Profile

The AXS Short Innovation Daily ETF (SARK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively-managed fund that seeks to achieve -1x the return, for a single day, of the ARK Innovation ETF (ARKK) through swap agreements with major global financial institutions.